Unemployed?

[tw]

Originally Posted by footfootfoot

I seriously doubt that after all the jobs that were sent overseas and to mexico that we are producing more of anything but unemployed people/

Does not matter how many jobs go overseas. What only matters is what existing jobs are doing.

Productivity in American is at an all time high. Obviously. If only ten people are working and 200 million are unemployed, that 200 million does not affect productivity. Because economics only measures what the ten employed people are doing.

Since employers are demanding so much from their fewer employees, American productivity is at an all time high.

Productivity and unemployment have no relationship. However, productivity can be lowered by employing more people to do the same work. Then both unemployment and productivity decrease.